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01-02-2016

Container Vessel Sees 30% Diesel Fuel Savings with Nanotech Coatings

The Nansulate High Heat temperature control coating is said to have demonstrated fuel savings in container vessels.
01-02-2016

Detained Bulker Could Get Trapped by Ice on Great Lakes

Bulker Cornelia may be trapped in the Great Lakes by winter ice if not released from its current U.S. legal detention on Lake Superior.
01-02-2016

Authorities Warn Russian Fuel Oil Spill Could be an "Ecological Disaster"

Oil booms are reported to have been installed and large sections of the Sakhalin Island beach are said to have been successfully cleaned.
01-02-2016

ESI Encourages Vessels to Operate "More Efficiently Than Required"

The Environmental Ship Index programme is said to have seen the registration of 3600 vessels.
01-02-2016

OPEC's Oil Output Hits Three-Year High

November's 31.695 million barrel per day total exceeds the anticipated 2016 demand for OPEC crude.
01-02-2016

Still No Mention of Shipping in New Thursday Draft of COP21 Climate Deal

Discussions in Paris over the deal, which has not yet been finalised, are now expected to run on until Saturday.
01-02-2016

COP21: No Reference to Shipping in Final Climate Deal, Green Groups Voice Disappointment

Green groups say climate deal goals can not be achieved unless shipping, along with aviation, "urgently rein in their emissions."
01-02-2016

Singapore Posts Another Huge Month of Bunker Sales, 2015 Now Almost Certain to be Biggest Year Ever

For 2015 Singpaore has a very real chance of being close to, if not exceeding, the 45 million mt mark.
01-02-2016

Bankruptcy Proceedings Initiated for Lithuanian Shipping Company

The Klaipeda Regional Court initiated bankruptcy for the Lithuanian Shipping Company company on Tuesday.
01-02-2016

China Signals Oil Prices are Too Low

China's decision to halt fuel price cuts gives oil a price floor of $38. A de
01-02-2016

Port of Rotterdam: Union Votes a "Massive Yes" to Strike Action

Dockworkers' unions in Rotterdam are threatening January 1 strike action if their members reject the port authority and employers' current offer.
01-02-2016

South Africa Sees Opportunity to Increase Bunker Storage For Clean Fuels

South Africa's ports could see growing business in clean fuel bunkers, according to President Jacob Zuma.
01-02-2016

Oil Price Plummet Could Cause Venezuela to Default in Early 2016

Traders see a 71 percent chance the country will default within the next 12 months.
01-02-2016

OPEC "Living in a Time Warp" say Critics, As Cartel Releases its Latest World Oil Outlook

The World Oil Outlook updates its predictions on oil out to 2040. In declarin
01-02-2016

Antwerp Prepares for Construction of LNG Bunker Barge Station

The Port of Antwerp is preparing for the construction of a LNG bunker station for barges.
01-02-2016

Panama Posts Improved Monthly Bunker Sales

The Panama Maritime Authority (AMP) has reported October saw both a year-on-year, and month-on-month improvement in its bunker sales. The latest data, which was for the first time reported in metric tonnes (mt) compared to previous reports which were stated in barrels, indicated October's total sales volume was 323,770 mt. “ October's sales comprised of 301,100 mt of fuel oil bunkers and 22,670 mt of distillate product This compares with
01-02-2016

US Oil Companies Set to Be Sidelined When Iran Sanctions Are Lifted

American companies such as  ExxonMobil and Chevron will be left on the sidelines when sanctions are lifted.
01-02-2016

Dry Bulk Gets Boost from Argentina Export Tax Change

Argentina is shaping up as a possible bright spot in an otherwise depressed global market for dry bulk.
01-02-2016

Iran Predicts Flooded Oil Market Can Still Hit $50 per Barrel in 2016

Iran says it is not worried about a fall of its oil income Iran's oil income
01-02-2016

New Analysis Predicts "Astounding" Growth in Global LNG Bunkering Market

Transparency Market Research says the LNG bunkering market will expand at 63.6 percent CAGR.
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